By Kapil Rajyaguru
By Kapil Rajyaguru Coinbase Becomes Ethereum’s Largest Node Operator With 11% Stake
A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether.
In a performance report, Coinbase said it had 3.84 million Ether, worth about $6.8 billion, staked to its validators. The exchange said that, as of March 3, it has 11.42% of the total staked ETH.
Coinbase also reported that its validators had an average uptime of 99.75%. Coinbase said they outperformed their target of 99% uptime without compromising security standards.
Dubai Starts Real Estate Tokenization Pilot, Forecasts $16bn Market by 2033
The Dubai Land Department (DLD), a government agency for the real estate industry, said it started a real estate tokenization pilot program, claiming to be the first property registration authority in the Middle East to use blockchain technology for property title deeds.
The initiative was developed with the digital assets watchdog Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF). The project aligns with Dubai’s 2033 real estate strategy and broader efforts to strengthen its position as a global technology hub.
The department projected that tokenized real estate could account for 7% of the city’s total property transactions, reaching $16 billion by 2033.
Volatility Shares Launching Solana Futures ETFs March 20
Volatility Shares is launching two Solana futures exchange-traded funds (ETFs), the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.
According to the Securities and Exchange Commission filing, SOLZ will feature a management fee of 0.95% until June 30, 2026, when the management fee will increase to 1.15%.
Volatility Shares’ 2X Solana ETF gives investors twice the leverage and will feature a 1.85% management fee.
The filings represent the first Solana-based ETFs in the US and follow the Chicago Mercantile Exchange (CME) Group’s debut of SOL futures contracts.
Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund
Elon Musk’s xAI and Nvidia have joined BlackRock, Microsoft, and MGX to expand AI infrastructure in the U.S.
The AI Infrastructure Partnership plans to invest over $30 billion in data centers and energy projects to support AI models.
The first data center, expected to be completed in 2026, will house 400,000 Nvidia AI chips in Abilene, Texas.
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